Davao Global Township
Davao Global Township | |
|---|---|
Central Business District | |
Interactive map of Davao Global Township | |
| Country | Philippines |
| Region | Davao Region |
| Province | Davao del Sur |
| City | Davao City |
| Area | |
• Total | 0.23 km2 (0.089 sq mi) |
| Time zone | UTC+8 (PST) |
| Website | Official website |
Davao Global Township (DGT) is a 23-hectare, under-construction master-planned development and central business district located in Matina, Davao City, Philippines. Cebu Landmasters, a Cebu-based real-estate developer, is the company currently responsible for the development of the business district, and is the first township ever developed by Cebu Landmasters in partnership with Davao's Villa-Abrille clan.[1][2]
History
Prior its construction, Davao Global Township was the site of the former Matina Golf Club.[3] The 18-hectare golf course was bought by the Francisco Villa-Abrille in 1912, and the golf course opened in 1950.[4] In 2018, Cebu Landmasters broke ground of the 23-hectare business district. The project for the township was divided into several phases, on which the first phase will include an office tower, two residential towers, retail buildings, a Cineplex mall, and a convention center covering a 93,000-square meter area.[5][6] Cebu Landmasters planned to pour in ₱10 billion for the project.[7]
Developments
Businesses
Davao Global Township will soon house several businesses upon its completion. In 2024, Philippine-based life insurance company Insular Life acquired a lot in the 23-hectare township, in its proposal of constructing its largest office in the island region of Mindanao.[8]
Residential
The 23-hectare township will soon host residential areas. The East Village is the first residential development in the Davao Global Township, hosting over 2,000 residential units across its 6-tower residential area. The residential development is currently under construction, and is scheduled to be completed by the third quarter of 2026.[9][10]
Education
DGT will also soon host major institutions. De La Salle University (DLSU) will be among the prominent universities in the township, and a proposed university campus is being constructed, along with a cultural and social center, and office buildings.[11][12][13]
References
- ^ CEDTyClea (March 10, 2025). "Cebu Landmasters starts offer period for P5-B sustainability-linked bonds". BusinessWorld Online. Retrieved April 7, 2025.
- ^ "Davao Global Townships". Cebu Landmasters, Inc. Retrieved April 7, 2025.
- ^ Dumlao-Abadilla, Doris (March 30, 2019). "Old Davao golf course to be transformed into a business district". INQUIRER.net. Retrieved April 7, 2025.
- ^ "About – Davao Global Township - Davao City's Central Business District". Davao Global Township. Retrieved April 7, 2025.
- ^ "Cebu Landmasters starts P12.6-billion Davao projects". Philstar.com. Retrieved April 7, 2025.
- ^ Litton, Johnny. "A bright future". Philstar.com. Retrieved April 16, 2025.
- ^ "Mayor Sara leads P12.6-B township project groundbreaking". www.pna.gov.ph. Retrieved April 7, 2025.
- ^ Insight, Malaya (December 2, 2024). "InLife's largest building in Mindanao to rise in DGT". Malaya Business Insight. Retrieved April 16, 2025.
- ^ CEDTyClea (March 23, 2022). "CLI's The East Village towers set to be completed by 2026". BusinessWorld Online. Retrieved April 16, 2025.
- ^ Cacho, Katlene O. (March 24, 2022). "CLI's residential project in Davao sold in 4 days". SunStar Publishing Inc. Retrieved April 16, 2025.
- ^ Saberon-Abalayan, Marianne L. (March 25, 2025). "DGT Cultural Center breaks ground, Central Park opens in Davao City". SunStar Publishing Inc. Retrieved April 16, 2025.
- ^ Mirror, Bus. (June 12, 2019). "DGT, home of De La Salle University campus in Davao". BusinessMirror. Retrieved April 16, 2025.
- ^ Lee-Chua, Queena N. (February 23, 2023). "Davao Global Township rises". INQUIRER.net. Retrieved April 16, 2025.